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Sotera Health, a private-equity owned company that operates facilities that sterilize medical products and food, is exploring a potential sale worth as much as $5 billion including debt, Reuters is reporting.

According to Reuters, which is citing anonymous sources, the company’s owners, Warburg Pincus and GTCR, are working with investment banks to assist them in the sales process. Discussions are in the early stages and there is no guarantee a transaction will result.

Michael Petras Jr., CEO of Sotera, said in an email to Smart Business, “Being owned by a private equity company always brings some level of discussion with prospective buyers. We never know when a potential sale might occur, so we just stay focused on our company priorities and continue to achieve our goals. We play a critical role for our customers in Safeguarding Global Health™ and that’s where the team is focused.”

If a deal to buy the company is successful, Reuters says it will be one of the largest private equity deals in the health care industry this year.